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CAD to MXN - Exchange Rates Guide

Canadian Dollar to Mexican Peso exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
 

CAD/MXN exchange rate (wholesale):

1 CAD = 16.52 MXN

Sell CAD / Buy MXN 

 
CAD to MXN chart and trends
ALERT:1-DAY0.9% |
CAD/MXN at 16.51 was trading 1.7% below AVG:16.8 with LO:16.07 and HI:17.73 (90 days). ALERT: Today CAD/MXN is DOWN 0.9%

Canadian Dollar to Mexican Peso - Quick Conversions

CAD MXN
C$ 1 Mex$ 16.52
C$ 5 Mex$ 82.60
C$ 10 Mex$ 165.20
C$ 20 Mex$ 330.40
C$ 50 Mex$ 826.00
C$ 100 Mex$ 1,652
C$ 250 Mex$ 4,130
C$ 500 Mex$ 8,260
C$ 1,000 Mex$ 16,520
C$ 2,000 Mex$ 33,040
C$ 5,000 Mex$ 82,600
C$ 10,000 Mex$ 165,200
C$ 50,000 Mex$ 826,000
C$ 100,000 Mex$ 1,652,000
More amounts
CAD MXN
C$ 0.0605 Mex$ 1
C$ 0.3027 Mex$ 5
C$ 0.6054 Mex$ 10
C$ 1.2109 Mex$ 20
C$ 3.0272 Mex$ 50
C$ 6.0544 Mex$ 100
C$ 15.14 Mex$ 250
C$ 30.27 Mex$ 500
C$ 60.54 Mex$ 1,000
C$ 121.09 Mex$ 2,000
C$ 302.72 Mex$ 5,000
C$ 605.44 Mex$ 10,000
C$ 3,027 Mex$ 50,000
C$ 6,054 Mex$ 100,000
More amounts

To calculate other CAD/MXN amounts try our home-page Convert CAD to MXN quick converter.


Comparing Retail Exchange Rates

The total cost for 'Retail' exchange rates you receive from your bank or foreign exchange provider consists of the margin from the 'Wholesale' rate (interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the exchange rate margin will also vary depending on the currency pair and total amount.

 
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Mexican Peso (MXN) Country Guides

MexicoMexico (MXN)

Canadian Dollar and Mexican Peso Forecasts

When determining the best time to make a foreign exchange transaction, in this case the CAD vs MXN, you should pay attention to the recent market trends for both currencies.

Canadian Dollar (CAD)

Growing fears of the coronavirus outbreak has moved the market into safer currencies such as the USD and away from AUD, NZD and CAD.

The threat of proxy war between the US and Iran in Iraq also pared back some of the gains the Loonie had made coming into the New Year.

The Canadian dollar was range bound during the second half of 2019 oscillating between US75c and US76.5c. Mid-year the loonie stormed ahead in June and July, rising to what turned out to be the 2019 high against the US dollar of US76.7cents and to 8-month highs against the euro, pound, Australian and New Zealand dollars. Against the Aussie, a minimal additional increase would take CAD to a 9-year high.

Supporting the loonie was a 10 percent rise in the oil price (oil is among Canada’s most exported products but is volatile and can’t be relied upon), a large and welcome jump in inflation, and dovishness at major central banks of the world, including the Federal Reserve, ECB and RBA.

The USMCA was signed by the United States, Mexico and Canadian on November 30 at the G20 Summit in Buenos Aires. Any delay to Canadian ratification of the USMCA trade deal would have likely depressed sentiment on Canada’s currency.

Read more in the article CAD Forecasts.

 

Mexican Peso (MXN)

The peso fortunes are connected to the oil market with oil high on the list of Mexico’s top exports.

US interest also affect the peso because Mexico holds high levels of dollar-denominated debt, which becomes easier to repay when dollars are cheap and US rates are low.

How to get Best CAD to MXN Exchange Rates

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).

The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

 

What is a good CAD to MXN exchange rate?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Canadian Dollar vs Mexican Peso current value is to look the CAD/MXN historic rate and change over a range of periods.

The following table looks at the change in the CAD to MXN exchange rate over periods from the previous week back to the last 10 years.

CAD/MXN rateChangePeriod
03 Jul 2020 : 16.52050.1% ▼1 Week
10 Jun 2020 : 16.36950.9% ▲30 Days
11 Apr 2020 : 16.72251.3% ▼90 Days
11 Jul 2019 : 14.590613.2% ▲1 Year
12 Jul 2015 : 12.404833.1% ▲5 Years
13 Jul 2010 : 12.357633.6% ▲10 Years
CAD/MXN 10 year historic rates & changes to 10-Jul-2020 : 16.5106
 

When is the best time to exchange CAD to MXN?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup BER.me FX Alerts